A recent study has revealed that many young people graduating do not feel equipped for life after college.
QUICK FACTS:
- A recent study published by the Mary Christie Institute reported more than half of young people in America fear the future after graduating from college.
- The study showed that 51% of young professionals surveyed stated needing help for “emotional or mental health” problems in the past year.
- “Young professionals who graduated in the last six years have come of age in an anxious and uncertain time. From the proliferation of social media, to political and cultural divisiveness, to the epic changes brought on by the global pandemic, these young people have seen the norms of human behavior rewritten in real time,” the Mary Christie Institute said of their findings.
- “About half of these young professionals had their college trajectories significantly disrupted by COVID-19, as experiences and milestones (including graduation) transitioned to virtual modalities. Many of them also started their first jobs from home and still may not have met their co-workers in person,” the institute continued.
- More than 39% of respondents surveyed said their education did not help them develop skills to prepare them for the emotional or behavioral impact of the transition to the workplace.
- Additionally, nearly half of the young professionals questioned said their financial situation was “always or often stressful.”
THE MARY CHRISTIE INSTITUTE ON THE EFFECTS TECHNOLOGY HAS ON YOUNG PEOPLE:
“Employees in their mid-twenties were in grade school when the smart phone was introduced. Many of them learned that the same technology that brought instant connectivity and learning opportunities could just as easily distract, addict, or alienate,” the institute said.
BACKGROUND:
- In November 2022, a study revealed that high inflation and uncertainty in the current economy were forcing many young people to live with their parents to help with rising costs.
- Conducted by The Harris Poll and commissioned by DailyPay, the findings revealed 54% of Gen Zers aged 18-25 were still living with their parents and 80% said they believe the economy will get worse over the next year.
- “Between COVID, inflation and a looming recession, Gen Z has kicked off adulthood in the most uncertain times,” Jeanniey Walden, chief innovation and marketing officer at DailyPay said. “So it’s no surprise that many say current economic conditions are keeping them living at home and/or worrying about paying bills on time.”
- Seventy-eight percent of those surveyed said they have not many able to put as much into savings as in 2021, and 38% said they expect it to become more challenging to pay for necessities such as food and gas.
